Austin, TX 12/12/2007 12:44:48 AM
Speak with other shareholders about: (OTCBB: WWAT), (OTCBB: CPTC), (OTCBB: GSPG).
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WorldWater & Solar Technologies Corp. (OTCBB: WWAT) up 5.8% on 1 million shares traded.
WorldWater & Solar Technologies Corporation is a full-service, international solar electric engineering and water management company with unique, high-powered and patented solar technology that can drive motors and pumps up to 1000 hp and provides solutions to a broad spectrum of the world's electricity and water supply problems, including the capability of driving 1000 hp motors and pumps from sunshine independently or in conjunction with the electric grid. On Dec. 10th 2007, the company announced that the thay will ship 12 of its Mobile MaxPure(TM) solar water and power-supply units for use by farmers and families in the Euphrates Valley of Iraq. The systems have been purchased for $900,000 and are being donated by the Morrell Foundation, an international charitable foundation that provides clean water to people in need. The portable Mobile MaxPure(TM) systems can each supply 30,000 gallons per day of clean drinking water or irrigation, plus electric power for Iraqi farmers and their families along the Euphrates River.
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Composite Technology Corporation (OTCBB: CPTC) up 0.5% on 1.2 million shares traded.
Composite Technology Corporation, based in Irvine, California, USA develops, manufactures and sells innovative high performance electrical transmission and renewable energy generation products through its subsidiaries: DeWind Inc., & CTC Cable Corporation. On Dec. 10th 2007, the company announced that Robert C. (Bob) Rugh has joined DeWind, Inc., a wholly owned subsidiary of CTC, as Executive Vice President of Operations. In this new position, Bob will initially be responsible for the development and execution of programs for wind turbine supply chain, contract manufacturing, turbine erection and commissioning, field operations and special market programs for DeWind. Mr. Rugh is a seasoned executive with extensive experience in a broad range of industrial and power generation products, including wind turbines.
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GoldSpring, Inc. (OTCBB: GSPG) up 21.7% on 123.7 million shares traded.
GoldSpring, Inc. is a North American precious metals mining company with an operating gold and silver mine in northern Nevada. On Dec. 10th 2007, the company announced that the litigation with N.A. Degerstrom has been settled. The lawsuit originated out of a dispute as to how much the Company owed Degerstrom for services provided. Pursuant to a December 27, 2005 agreement, the parties agreed that the amount to be paid by the Company to Degerstrom would be subject to volume reconciliation by aerial survey. GoldSpring, pursuant to prepared aerial and ground surveys, asserted the Company had been over-billed for amounts of ore and waste which had been hauled by Degerstrom. Degerstrom, according to the original lawsuit, claimed in excess of $806,000 plus interest for services provided, totaling approximately $1,000,000. Under the settlement agreement, GoldSpring will pay Degerstrom $250,000 and both parties agree to dismiss their claims against the other. The agreement is subject to GoldSpring remitting $100,000 by December 11, 2007 and the balance of $150,000 by January 31, 2008.
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